Poor governance destroys stakeholder value. Maximisation of Shareholder Value has clearly failed; General Motors and BP as recent examples cost $57.6B and $25B respectively.
Decision makers change organizations from time to time.Organizations come and go.Instead of measuring whole organizations, measure the impact of the decision makers.
Business is a socially manufactured series of behaviors and processes. Current business practices, guided by capitalist ideologies, which focus on short term profit maximizing approaches and exp